Chinese companies are joining multinationals like Novartis and Eli Lilly to develop novel drugs for Alzheimer’s disease (AD), reports The Pharma Letter’s local correspondent, Wang Fangqing.
The most promising candidate - GV971- is developed by Shanghai Institute of Materia Medica (SIMM), a division of Chinese Academy of Science (ACS. It is currently under Phase III trials in China, said a SIMM spokesperson,
“The candidate is in Phase III studies for a year. We expect it will be introduced to the market as soon as in 2017,” she said, adding this project is government supported. She declined to give more information, saying all clinical data would be released should the studies complete successfully.
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